Benjamin Corporation Is a Shipping Container Refurbishment Company That Measures

question 42

Multiple Choice

Benjamin Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes.
When the company prepared its planning budget at the beginning of March, it assumed that 26 containers would have been refurbished. However, 23 containers were actually refurbished during March.
-The amount shown for "Other expenses" in the planning budget for March would have been closest to:

• A) $30,600
• B) $31,200
• C) $34,591
• D) $30,900

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Definitions:

Electronics Test

The process of using test equipment to evaluate the performance, functionality, and quality of electronic devices and components.

Standard Normal

A type of normal distribution with a mean of zero and a standard deviation of one, used as a reference to determine probabilities of a normal random variable.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how much the values diverge from the mean.

Normal Distribution

A type of continuous probability distribution for a real-valued random variable, characterized by a bell-shaped curve, symmetrical around its mean.